11605 1ST STREET E UNIT 6 TREASURE ISLAND FL 33706 MLS #U8225803

11605 1ST STREET E UNIT 6
TREASURE ISLAND, FL, 33706
$1,690,000
5 Beds
4 Baths
3,115 SqFt
0.22 Acres
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Under Construction. Nearly completed. Move in ready in early December 2024. High and Dry, Elevated Strong, built to the stringent Hurricane codes and was virtually unscathed in both storms. Experience the epitome of first-class, robust construction coupled with luxurious finishes. These one of a kind, 5 bedroom, 4.5 Bath, 2800 square feet, 2+ car garage, triple level townhome style condominiums with rooftop decks reinforced to hold hot tubs are complemented by a community pool merely a block away from the sparkling sands and peaceful waters of Treasure Island. . Zero Rental restrictions allow you to participate in the lucrative short term weekly and long weekend rental market (Nightly, Weekly VRBO All OK),. 3rd party rental projection estimate close to $200K annual gross income. You can also live here full time as a primary residence offering you the rare flexibility of both uses. Pets are allowed no size limits. Big Dogs need beach homes too. Developer wants to help those who have been affected by the recent hurricanes. With a 20% deposit, the developer is willing to wait for closings for a little while if it helps your current situation. There are only a few units left, and they will be ready very soon for occupancy. We are here to help and make it easy for you to be one of the next great owners at the Capri Townhomes. Developer is willing to provide a furniture allowance to be given at closing. Buy now and take advantage of the ultra high demand rental market for displaced families couples or restoration company employees looking for short term leases as the community allows for nightly or weekly rentals which will cover nicely until the season comes with very limited competition. Third-party rental projections from Resort Rentals anticipate these units to generate close to $200,000 annually. Don’t miss the chance to become a part of the unparalleled Capri experience.

Property Details

Price:
$1,690,000
MLS #:
U8225803
Status:
Active
Beds:
5
Baths:
4
Address:
11605 1ST STREET E UNIT 6
Type:
Condo
Subtype:
Condominium
Subdivision:
CAPRI TOWNHOME CONDOMINIUM
Neighborhood:
33706 – Pass a Grille Bch/St Pete Bch/Treasure Isl
City:
TREASURE ISLAND
Listed Date:
Jan 5, 2024
State:
FL
Finished Sq Ft:
3,115
Total Sq Ft:
3,115
ZIP:
33706
Lot Size:
9,600 sqft / 0.22 acres (approx)
Year Built:
2024
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Schools

Elementary School:
Azalea Elementary-PN
Middle School:
Azalea Middle-PN
High School:
Boca Ciega High-PN

Interior

Appliances
Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
Bathrooms
4 Full Bathrooms
Cooling
Central Air
Flooring
Ceramic Tile, Tile
Heating
Central, Electric
Laundry Features
Other

Exterior

Community Features
Pool
Construction Materials
Block, Cement Siding, Concrete, Metal Frame, Stucco
Exterior Features
Balcony, Sliding Doors
Parking Features
Garage Door Opener, Tandem, Under Building
Roof
Concrete

Financial

HOA Frequency
Monthly
HOA Includes
Community Pool, Maintenance Structure, Maintenance Grounds, Pool Maintenance
HOA Name
Capri Townhomes
Tax Year
2022
Taxes
$7,040

Map

Community

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11605 1ST STREET E UNIT 6
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